NAIC Long-Term Care and Partnership

The Deficit Reduction Act made it possible for all states who wish to to offer Partnership for Long-term Care policies. The NAIC model law and regulation specify that agents must meet certain continuation requirements in order to sell this product. In most states, agents will be required to take this 8-hour course in order to transact any type of LTC insurance, but especially the new Partnership policies. In a few states a specific state curriculum will be required, either in addition to, or instead of the 8-hour course.

We are offering the 8-hour course as well as specific state curriculums or supplements which are required by NAIC model Act in order to sell the expansion of Long-term care partnership programs under the DRA, and the price is as low as $19.50 per student. If you have a group of agents to train, please contact us regarding group discounts or in-house training.

For the most up to date information about Long Term Care & Partnership in your state click here.

Illinois State Requirements

Updated: 12/13/2013

Continuing Education Hours

24 hours are required every two years to renew a license.

Course Subject Requirements

Agents wishing to sell LTC must also complete a 8-hour LTC requirement prior to selling LTC products. The LTC requirement counts towards the completion of the basic CE requirement. By the end of each consecutive renewal period, agents must complete a 4-hour "refresher" LTC course to continue selling LTC.

All Illinois licensed resident insurance producers who sell federal flood insurance policies shall be required to complete a one time 3-hour requirement on flood insurance.

3 hours of ethics credit in IL must be done in classroom.

All life agents who hold a Viatical Settlement Broker license must complete a 4-hour course in viatical settlements every renewal period.

All continuing education credits must be achieved by the date of the license renewal.

Same as license renewal date every two years. However, it is recommended that CE be completed 8 weeks earlier so that the CE provider has time to report compliance.

Types of Courses Accepted for CE Credit

Independent self-study courses and classroom study.

Final Exam

Final exams are not required to be monitored.

Carryover Requirements

A maximum of 12 credit hours may be carried over to the next reporting period.

Course Repetition

Credit will not be give for a course that is repeated within a 3 year period.

Exemptions

Individuals with a temporary license.

Individuals with any of the following limited licenses: baggage, limited travel health, trip cancellation, industrial life or industrial health; and insurance issued by a local mutual district, county, or township insurance company.

Nonresident producers who meet their resident states' CE requirements

Method To Certify Completion

You will be able to print your certificate of completion online once you have completed your exam. The course provider reports credits earned to the insurance department within one business day of the course completion. The licensee keeps the original certificates of completion in his or her files for 5 years.

Nonresidents

Exempt. Nonresidents who wish to sell LTC are not exempt from the LTC education requirement.

8. If the search yields results, you will be asked to input the "Index Number: of the appropriate record in the "Selection" field.

9. After inputting the proper index number, click, "View Detail".

Course Format

System Requirements: Please note that Mozilla firefox 20 download here or Internet explorer 9 or higher:Download hereare required to view our website when you wish to access the learning center. You should also note that taking courses over a wireless internet connection is not advised. When taking your exams you should try to be on a wired internet connection to your computer.

This course automatically includes a downloadable textbook and/or other course materials which you may print if you desire. When you are finished studying your course, the exam is taken online and it is graded immediately. In most states you can also print your own certificate of completion, if you pass. There is no additional charge if you complete your course and exam completely online.

If you prefer, however, you may purchase a printed book and/or printed exam at additional cost.

You have 3 options if purchasing the course outside a subscription:

Online book and online exam - included in price - You receive no printed materials-everything is online.

Printed book and online exam - $5 additional - You receive a printed book but take your exam online.

Printed book and printed exam - $10 additional - You receive a printed book and printed exam which you mail or fax to us for grading.

For options 2 and 3, you will be able to choose either regular or express shipping during checkout.

Please choose your option carefully!There is no refund for printed materials or exams ordered by mistake!

If your state requires monitored exams, you must have your monitor sign-in and follow the monitor instructions BEFORE you begin the exam. See the State Information tab, Monitor tab and Help Center for more information.

Optional PACE or CFP Credit

Many of our Insurance CE courses are also approved for CE credit for agents who hold professional designations such as CLU, ChFC, CFP. The type of CE credit and number of hours approved are listed above in the course description.

If you hold a professional designation you may request a certificate for courses taken and exams passed for insurance CE credit. If you pass and exam and would like to get additional credit for one of these designations, please use the link to the left: "CFP & PACE Credit".

If you do not hold a professional designation and do not need any type of CE other than for your insurance license renewal, please do not order a PACE or CFP certificate. It will not benefit you and once ordered, there are no refunds!